Structured products preferred by advisers, says Morgan Stanley survey

Structured products have come top of the list of investment products financial advisers would recommend to their clients, according to a new survey by Morgan Stanley. Structured plans leapt two places from the bank's last survey in December 2008, overtaking both bonds and mutual funds.

The survey of 100 independent financial advisers (IFAs) revealed that structured products were favoured by 76% of respondents - a 21% jump from December 2008. There was also a 5% rise, from 40% to 45%, in the number of advisers who were willing to recommend plans and one third thought structured products were an important part of the portfolio, a 21% increase in the past six months.

Unsurprisingly, given the recent market turmoil, capital protected products were the most popular (86%), closely

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